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Norwood School Employee's

Norwood, MA · Charter 24499

Q1 2009

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2009, the quarter ended March 31, 2009, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: NCUA 5300 Call Report, as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Norwood School Employee's

Norwood, MA · Charter 24499

Q1 2009

$301KAssets
$133KLoans
$608KShares
$-306KNet Worth

NIM

NIM decomposition not available for credit unions

Non-interest income vs. expense

Non-interest trend not available for credit unions

Executive Summary

  • Earnings: ROA of -584.23%, down 58,890 bps year over year; NIM at 18.28%.
  • Asset quality: problem loans at 7.03% of loans (+16 bps YoY).
  • Capital: net worth / assets of -101.62%, down 13,652 bps from a year ago.
  • Funding: loans stand at 21.96% of shares as of Q1 2009.

Financial Results

Return on Assets (YTD, annualized)

-584%-58,890 bps YoY

Net Interest Margin (YTD, annualized)

18.28%+1,283 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

-101.62%-13,652 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets4.67%0.80%-0.50%0.10%-584%-58,890 bps
Return on Equity13.39%2.58%-1.48%0.64%n/an/a
Net Interest Margin5.45%4.51%4.89%5.88%18.28%+1,283 bps
Efficiency Ratio46.04%103.12%104.60%97.16%n/an/a
Growth
Asset Growth (YoY)-30.68%-15.57%-5.54%115.24%-14.72%+1,596 bps
Loan Growth (YoY)-15.78%-20.57%-24.96%-25.95%-44.67%-2,888 bps
Share Growth (YoY)-46.04%-21.98%-6.80%181.26%231%+27,699 bps
Asset Quality
Delinquent Loans / Loans6.86%10.56%11.62%21.67%7.03%+16 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loans3.73%4.03%4.37%0.00%14.88%+1,115 bps
Capital
Risk-Based Capital34.90%31.07%33.54%16.42%-101.62%-13,652 bps
Net Worth / Assets34.90%31.07%33.54%16.42%-101.62%-13,652 bps
Liquidity & Funding
Loans / Shares131.35%103.42%108.27%35.40%21.96%-10,938 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps